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2166 — Smart-Core Holdings News Story

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Hong Kong's Smart-Core Holdings interim revenue jumps on memory chip demand

Hong Kong's Smart-Core Holdings interim revenue jumps on memory chip demand


Overview

  • Hong Kong semiconductor distributor's interim revenue rose 144% yr/yr for six months ended June

  • Net profit attributable to shareholders jumped 498% yr/yr for the interim period

  • Company declared interim dividend of HK5 cents per share, up from HK3 cents last year


Outlook

  • Company did not provide specific financial guidance or outlook for future periods


Result Drivers

  • MEMORY CHIP SUPERCYCLE – Memory sales surged 561.4% to HK$3.66 bln as the Group captured AI-driven memory-chip demand

  • EDGE AI SOC DEMAND – Smart-terminal sales rose 35.0% to HK$2.56 bln, driven by rapid AI SoC market expansion

  • SUPPLY CHAIN SHORTAGES – Mixed-distribution sales jumped 146.3% to HK$103.9 mln as memory-chip shortages lifted spot-procurement demand


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

HK$6.82 bln

H1 Net Income Attributable

HK$290 mln


Reuters Recommended Reads

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  • Aug 24 - Hong Kong's ISP Holdings H1 revenue rises 48% on new contract execution


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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